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PTWO (Pono Capital Two) EBIT : $-1.92 Mil (TTM As of Jun. 2024)


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What is Pono Capital Two EBIT?

Pono Capital Two's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was $-0.50 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was $-1.92 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Pono Capital Two's annualized ROC % for the quarter that ended in Jun. 2024 was -11.17%. Pono Capital Two's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Pono Capital Two's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -3.27%.


Pono Capital Two EBIT Historical Data

The historical data trend for Pono Capital Two's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Pono Capital Two EBIT Chart

Pono Capital Two Annual Data
Trend Dec22 Dec23
EBIT
- -1.77

Pono Capital Two Quarterly Data
May22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
EBIT Get a 7-Day Free Trial Premium Member Only -0.47 -0.32 -0.59 -0.51 -0.50

Competitive Comparison of Pono Capital Two's EBIT

For the Shell Companies subindustry, Pono Capital Two's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pono Capital Two's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Pono Capital Two's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Pono Capital Two's EV-to-EBIT falls into.



Pono Capital Two EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.92 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Pono Capital Two  (NAS:PTWO) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Pono Capital Two's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-2.008 * ( 1 - -15.3% )/( (20.681 + 20.782)/ 2 )
=-2.315224/20.7315
=-11.17 %

where

Note: The Operating Income data used here is four times the quarterly (Jun. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Pono Capital Two's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.008/( ( (0 + max(-1.592, 0)) + (0 + max(-1.726, 0)) )/ 2 )
=-2.008/( ( 0 + 0 )/ 2 )
=-2.008/0
= %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.109) - (1.701 + 0 + 0)
=-1.592

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.059) - (1.785 + 0 + 0)
=-1.726

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Pono Capital Two's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-1.918/58.694
=-3.27 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Pono Capital Two EBIT Related Terms

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Pono Capital Two Business Description

Traded in Other Exchanges
N/A
Address
643 Ilalo Street, Suite 102, Honolulu, HI, USA, 96813
Website
Pono Capital Two Inc is a shell company.
Executives
Dustin M Shindo director HOKU CORPORATION, 1288 ALA MOANA BLVD STE 220, HONOLULU HI 96814
Mehana Capital Llc 10 percent owner 4348 WAIALAE AVE., #632, HONOLULU HI 96816
Mike K Sayama director 220 SOUTH KING ST., 3RD FLOOR, HONOLULU HI 96813
Trisha Nomura director 643 ILALO STREET, HONOLULU HI 96813
Kotaro Chiba director 643 ILALO STREET, HONOLULU HI 96813
Darryl Nakamoto officer: Chief Executive Officer C/O HOKU CORPORATION, 1288 ALA MOANA BLVD. STE 220, HONOLULU HI 96814
Orman Allison Van officer: Chief Financial Officer 4348 WAIALAE AVE., #632, HONOLULU HI 96816